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Re: recent activity

in response to recent activity by lr2
posted on Nov 25, 09 06:19PM

Reading the economic report conducted on the Paul Zone that was released the other day, it shows the huge potential that Arianne is sitting on. Sure, the sheer scale of developing the project vs DAN's current market cap probably begs as many questions as it answers for now, but at some stage 1-2 years down the road, when the world moves from thinking about the global financial crisis (GFC) and back to the fact that the world's population is still growing at >50m people per annum, I think phosphates/fertilizers will be back on people's agenda, and DAN may look to seek an agreement with a major as a way of extracting value from this. Regardless of the commodity sector, there are always problems trying to determine what value a junior explorer should be trading at with respect to the in-situ value of its resource. At current levels, DAN is trading at close to mere fractions of 1% of it's in-situ. And this is before one considers its gold tenements in Mexico, where assays show positive signs of a reasonably-sized resource, and we all know that extraction costs in Mexico provide for a reasonably hefty margin at the production stage, especially given where Au prices are at the moment. It strikes me that DAN has fallen off the radar in light of the GFC, but some speculative buyers see some value and are nibbling away.

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